Associated Press
By BASHIR ADIGUN, 02.23.10, 10:45 AM EST
“Oil must be an agent for good and development not violence, war and impoverishment,” Jonathan said at an oil and gas conference in Abuja, Nigeria’s capital. “Our goal is to ensure that the benefits of petroleum be enjoyed and seen to be enjoyed by all Nigerians.”
Jonathan’s message is unlikely to be well received by companies exploring for oil off Nigeria’s coast and its restive Niger Delta. Analysts have warned that the bill will cut drastically into oil companies’ profits and make it uneconomical for them to continue their work in the nation.
Foreign oil companies Chevron ( CVX – news – people ) Corp., ExxonMobil Corp. ( XOM – news – people ) and Royal Dutch Shell PLC ( RDSA – news – people ) all have subsidiaries operating oil fields in Nigeria.
Jonathan said the proposed bill will also ensure that revenues from exploration are shared equally across the nation – including the Niger Delta where militant violence and oil thefts have cut Nigeria’s oil production by about 1 million barrels a day.
Militants demand the federal government send more oil money to Nigeria’s southern region, which remains poor despite five decades of oil production.
Jonathan’s comments also come as foreign oil companies are complaining government approval for their leases has stalled since President Umaru Yar’Adua left the country to receive medical treatment abroad.
While ExxonMobil already had its Nigerian oil field licenses renewed, Shell and Chevron still are in negotiations with the government. Shell also has announced its desire to sell off its rights to three oil fields.
Nigeria’s is the third largest oil exporter to the U.S., behind Canada and Mexico.
Copyright 2009 Associated Press. All rights reserved.
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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